Environmental services company Republic Services, Inc. is planning to expand its headquarters with a new 240KSF facility in the master-planned City North development near Desert Ridge Marketplace.
The company is acquiring approximately 10 acres in the development and relocating its headquarters from its current location near Scottsdale Road and Mayo Blvd.
Republic representatives said the company chose the new location after examining sites in other states.
The City of Phoenix recently approved a development and incentives agreement with Republic Services and City North developer Crown Realty & Development. Under the terms, Phoenix will provide $2,500 to the company for each new job created at Republic that is affiliated with the new headquarters. The job creation reimbursement is capped at $1.5M.
The City will also reimburse Crown up to $2.4M for public infrastructure improvements. (Source)